Refer to Golden Corporation s financial statements and related information in
Refer to Golden Corporation’s financial statements and related information in Problem.
In Problem
Additional Information on Year 2015 Transactions
a. Purchased equipment for $36,000 cash.
b. Issued 12,000 shares of common stock for $5 cash per share.
c. Declared and paid $89,000 in cash dividends.
Required
Prepare a complete statement of cash flows; report its cash flows from operating activities according to the direct method.
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